Credit Cards Deals

DBS August offer: S$300 cashback with S$500 spend on new credit cards

Get S$300 cashback when you pick up a new DBS credit card and spend S$500 in the first 30 days.

Apply by 15 August.
EXPIRED This article relates to an offer or promotion which has now expired.
 

If you’re not yet a DBS credit card holder, or if it’s been a year since you last had one, the bank is repeating another of its regular two-week flash sign-up offers for six of its credit cards this month, allowing new customers to earn an easy S$300 cash rebate for a minimum spend of S$500 in the first 30 days – equivalent to 60% cashback.

This isn’t as good some former sign-up offers, which have included S$300 sign-up gift for making only a single transaction, and more recently S$300 back for S$300 spend in 30 days, though in fairness this minimum S$500 spend threshold is still quite reasonable, when you consider you’re basically getting 60% it back!

ADVERTISEMENT

You can even achieve the spend buying Cold Storage or NTUC vouchers for future shopping, if you don’t have any immediate expenses coming up.

To be eligible, you’ll have to apply between 2nd August 2022 and 15th August 2022.

As always, this deal is a nice opportunity to add one of our recommended miles-earning options to your wallet, like the Woman’s World or Altitude cards, if you’re not currently holding a DBS or POSB credit card as a principal cardholder.

Eligibility

To be eligible, you’ll need to be a new-to-bank credit card customer.

New To Bank? DBS defines ‘new-to-bank’ customers as those who:

  • do not currently hold any principal DBS/POSB credit card; and
  • have not cancelled any DBS/POSB credit card(s) within the last 12 months

If you are a supplementary DBS/POSB cardholder but not a primary cardholder on any such account, you&